The Ethereum supply has experienced an uncharacteristic uptick in the space of a month, raising concerns about the cryptocurrency’s inflation risk among ETH investors and community members. 

Ethereum Inflation Crisis

Since the beginning of 2023, Ethereum, the world’s second-largest cryptocurrency has experienced fluctuating inflation rates in ETH’s money supply. According to the Ultrasound Money website, there has been a significant surge in the ETH supply in the last 30 days. 

The global ETH supply has skyrocketed by almost 30,000 ETH, raising worries about the potential for inflation in the Ethereum ecosystem and leaving the crypto community speculating about the rationale behind this unexpected spike and how it would impact the ecosystem. 

The abrupt climb in ETH …